Introduction to iterations


A new/old Agenda

 

Professional success came early to our Enterprise and it has steadily grown from the very beginning.

Making and holding a market while financially rewarding those that built the Enterprise has been more elusive. Still, in good times and bad, we have managed to live a basic middle class life and meet our personal obligations. A large number of people, today, make a decent living from work that stems from our innovations.

Gail and I did not build MG Taylor and related companies as the goal of our life and work. We built them to use. We did not enter business for the purpose of amassing a great deal of money. We did expect, and do, that as we succeed we will acquire some measure of financial reward for the value we created. We always knew that to succeed would mean passing the Enterprise on to a broad community of investors, users and producers.

In 1996, the Enterprise started to grow more rapidly, we advanced our efforts to secure real Intellectual Property and we started the process of systematically divesting ourselves from complete ownership and control of the various Taylor Business Units. Along with this, the shift to a true ValueWeb architecture began.

From time to time, throughout the formative years, we thought about how we would organize any wealth when it came and what we would do with it. In late 1999, we received our first outside professional evaluation of the Enterprise. As 2000 proceeded, and now into 2001, there is indication of a significant increase in value among the various Business Units. In 2001 our patent will be issued. All this means that some long term revenue stream will be created and will have to be responsibly managed.

Below are some notations from by 1985 Notebook on this subject.

(insert)

 

Gail and I formed iterations, several year ago, to hold our IP, to manage our non-personal financial holdings and to explore a number of important social issues. We did not know then if their would be any IP or financial holding to “manage.” Staring in the second quarter 2000, Jeff Johnston joined iterations to begin the task of organizing its agenda and efforts.

Jeff is focusing his time, presently, researching how science will be done in the 21st Century and doing research in support of various MG Taylor and knOwhere events. He keeps track of our various IP activities and sees to the business of iterations including CAMELOT Excursions which is a subsidiary of iterations.

Iterations is our family business. It is structured to resolve the conflicts typical to ownership in small corporations and address the issues of the founders sharing ownership and withdrawing from the day-to-day-management. It may even create a place for us to apply what we have learned and earned to the next iteration of our work. It is a vehicle for us to share and pass on both the property and the responsible exercise of it to Todd and Jeff.

 

Matt Taylor
Palo Alto
February 13, 2000

SolutionBox voice of this document:
INTENT • POLICY • PROGRAM


Posted: February 13, 2000

Revised: January 12, 2001
• 20010112.223519.mt •

(note: this document is about 5% finished)

Copyright© Matt Taylor, 2000, 2001

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